Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Unexplained cash credits u/s 68 - Interest expenditure debited as interest on securities - allegation of involvement in multi crore securities transactions scam of nineties infamously known as Harshad Mehta Scam, Assessee got labelled as party under the Special Court's (TORTS) Act, 1992 - The ITAT examined each addition separately, considering the evidence and explanations provided by the assessee. It concluded that the additions were not justified due to satisfactory explanations and evidence presented by the assessee. - The High Court dismissed the appeal, finding no merit in the revenue's contentions.
Unexplained cash credits u/s 68 - Interest expenditure debited as interest on securities - allegation of involvement in multi crore securities transactions scam of nineties infamously known as Harshad Mehta Scam, Assessee got labelled as party under the Special Court's (TORTS) Act, 1992 - The ITAT examined each addition separately, considering the evidence and explanations provided by the assessee. It concluded that the additions were not justified due to satisfactory explanations and evidence presented by the assessee. - The High Court dismissed the appeal, finding no merit in the revenue's contentions.
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